HERINGTON CHARLES M 4

What Happened
Charles M. Herington, a director of Molson Coors Beverage Co. (TAP), received a grant of 3,976 restricted stock units (RSUs) under the company's Director Compensation Program. The Form 4 records the acquisition as an award (code A) at $0.00 per share (total recorded value $0), filed with the SEC on 2026-05-08. This was a compensation grant, not a purchase or sale.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08.
• Transaction type/code: Award/Grant (A).
• Amount: 3,976 restricted stock units; reported price: $0.00 (awards often show $0 on Form 4).
• Vesting: These RSUs vest in full on May 6, 2029 (footnote F1 – Director Compensation Program).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Filed two days after the transaction (appears to be within the usual two-business-day Form 4 window).

Context
RSU grants are a form of compensation for directors and typically vest over time; they do not represent an immediate cash outlay or sale. Because these shares vest in the future, this award is a compensation event rather than a direct signal of buying or selling intent. Retail investors should view director RSU awards as routine compensation unless accompanied by concurrent purchases or sales.